India’s defence manufacturing output has reached an all-time high of ₹1,50,590 crore in FY 2024-25, marking an 18% jump from last year’s ₹1.27 lakh crore and a 90% surge since FY 2019-20.
Raksha Mantri Rajnath Singh hailed the achievement as a “clear indicator” of the nation’s strengthening defence industrial base, crediting Defence Public Sector Undertakings (DPSUs), other PSUs, and private industry for the milestone.
DPSUs and other PSUs contributed about 77% of the total output, while the private sector’s share rose from 21% in FY 2023-24 to 23% this year, reflecting its growing footprint in the defence ecosystem. Production in the public sector grew 16%, while the private sector recorded a sharper 28% increase.
Officials attribute the growth to policy reforms, improved ease of doing business, and a decade-long emphasis on indigenisation. The government’s Aatmanirbhar Bharat push has also reduced import dependence while boosting exports, which climbed to a record ₹23,622 crore in FY 2024-25—up 12% from the previous year.
With sustained policy support, expanding export potential, and deeper private participation, officials say India’s defence production is on track for further acceleration in the coming years.
